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Wednesday, June 21, 2017

Reign Sapphire (OTCQB: $RGNP) Achieves 20% Increase in Gross Margin from Operational Efficiencies

Reign Sapphire (OTCQB: $RGNP) Achieves 20% Increase in Gross Margin from Operational Efficiencies

BEVERLY HILLS, CA - June 21, 2017 ( Newswire) Reign Sapphire Corp., (OTCQB: RGNP) ("Reign" or the "Company"), a direct-to-consumer, branded and custom jewelry company wanted to highlight some important achievements subsequent to its recently filed annual report and provide guidance on 2017 and 2018 revenue.

While the Company has resolved the supply chain issues and delivery delays that resulted in a decline in year over year (YoY) annual revenue from roughly $3 million to $2 million, profitability has improved in Q1 of 2017 YoY almost 20% from 51.8% to 71.5%.

Read this release in full at

About Reign Corporation:
Reign Sapphire Corporation (RGNP) is a Beverly Hills-based, D2C branded and custom jewelry company with 3 niche brands: Reign Sapphire: ethically produced, millennial targeted sapphire jewelry, Coordinates Collection: custom jewelry, inscribed with location coordinates commemorating life's special moments, and Le Bloc jewelry: classic customized jewelry.

Reign Sapphire Corporation (OTCQB: RGNP) is a Featured luxury brand company on - Visit Profile page at

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